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Tamagawa Holdings CoTSE:6838 -6.47%56 Return-on-Tangible-Equity is 50.42% as of Apr. 2026, which is 1983% above its 10-year median of 2.42. GuruFocus rates TSE:6838 with a GF Score™ of 56/100 and a GF Value™ of 円1,080.21 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 552 Conglomerates companies, Tamagawa Holdings Co ranks better than 87.86% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Tamagawa Holdings Co's annualized net income for the quarter that ended in Apr. 2026 was 円3,665 Mil. Tamagawa Holdings Co's average shareholder tangible equity for the quarter that ended in Apr. 2026 was 円7,269 Mil. Therefore, Tamagawa Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 50.42%.
The historical rank and industry rank for Tamagawa Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6838'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.35 Med: 2.42 Max: 31.41
Current: 31.41
During the past 13 years, Tamagawa Holdings Co's highest Return-on-Tangible-Equity was 31.41%. The lowest was -9.35%. And the median was 2.42%.
TSE:6838's Return-on-Tangible-Equity is ranked better than 87.86% of 552
companies
in the Conglomerates industry
Industry Median: 7.465
vs TSE:6838: 31.41
Tamagawa Holdings Co (TSE:6838) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Tamagawa Holdings Co Return-on-Tangible-Equity Related Terms
Tamagawa Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tamagawa Holdings Co's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tamagawa Holdings Co Return-on-Tangible-Equity Chart
TSE:6838 vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Tamagawa Holdings Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tamagawa Holdings Co Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tamagawa Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tamagawa Holdings Co's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 50.42% mean?
Tamagawa Holdings Co (TSE:6838) has a Return-on-Tangible-Equity of 50.42% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tamagawa Holdings Co and its competitors. This is 1983% above median its historical median of 2.42. According to the industry distribution chart, Tamagawa Holdings Co ranks #67 out of 552 companies in the Conglomerates industry, placing it in the top 12.1%.
Is Tamagawa Holdings Co's Return-on-Tangible-Equity too high?
Tamagawa Holdings Co's current Return-on-Tangible-Equity of 50.42% is 1983% above median its 10-year median of 2.42. The Conglomerates industry median Return-on-Tangible-Equity is 7.47. Tamagawa Holdings Co's value of 50.42% is 575.4% above this industry median. Based on the distribution chart, Tamagawa Holdings Co ranks #67 out of 552 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Tamagawa Holdings Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamagawa Holdings Co's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Tamagawa Holdings Co ranks #67 out of 552 companies for Return-on-Tangible-Equity. This places Tamagawa Holdings Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.47. Tamagawa Holdings Co's value of 50.42% is 575.4% above this benchmark. While the company's 10-year median is 2.42 vs. the industry median of 7.47, Tamagawa Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tamagawa Holdings Co's current Return-on-Tangible-Equity of 50.42% is 575.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tamagawa Holdings Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamagawa Holdings Co's current Return-on-Tangible-Equity is 50.42%, which is 1983% above median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamagawa Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tamagawa Holdings Co (TSE:6838) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,080.21, compared to a current price of 円1,344.00 — trading 24.4% above its estimated fair value. The current Return-on-Tangible-Equity is 50.42%, which is 1983% above median its 10-year median of 2.42 and 575.4% above the Conglomerates industry median of 7.47. Tamagawa Holdings Co's overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Tamagawa Holdings Co (TSE:6838), the current Return-on-Tangible-Equity is 50.42% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tamagawa Holdings Co (TSE:6838) Overvalued in 2026?
Based on GuruFocus' analysis, Tamagawa Holdings Co stock appears to be overvalued.
The current stock price of 円1,344.00 is trading 24.4% above its estimated GF Value™ of 円1,080.21.
GuruFocus considers Tamagawa Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:6838:
Return-on-Tangible-Equity: 50.42% (1983% above median its 10-year median of 2.42)
GF Value™: 円1,080.21 vs. price of 円1,344.00 (24.4% above fair value)
Industry Position: 575.4% above the Conglomerates median (#67 of 552)
No single metric tells the full story. See the TSE:6838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tamagawa Holdings Co Ltd manufactures and sells electronics and telecommunications equipment. Its products include wireless equipment components such as amplifiers, attenuators, filters, distributors and frequency synthesizers. It is also operates in solar power stations including mega solar and geothermal power generation plant.
56GF Score
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